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https://philadelphia.citybizlist.com/article/536297/rite-aid-ceo-john-standley-to-step-down

AMP HILL, Pa.–(BUSINESS WIRE)–Rite Aid Corporation (NYSE: RAD) announced today a leadership transition plan and an organizational restructuring to better align its structure with the Company’s operations and to reduce costs.

As part of the leadership transition, John Standley will step down as chief executive officer. The Board will promptly commence a search process for a new CEO, and Standley will remain CEO until the appointment of his successor.

3/12/19

Rite Aid also announced additional management changes, each of which is effective immediately. Bryan Everett, chief operating officer of Rite Aid Stores has been promoted to chief operating officer of the Company, succeeding Kermit Crawford who is leaving the Company.

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Vitamin Shoppe, Inc. (NYSE: VSI), an omni-channel, specialty retailer of nutritional products, today announced that Bill Wafford resigned from his current position as Executive Vice President - Chief Financial Officer of the Company, effective April 5, 2019, in order to take a position as Chief Financial Officer at J. C. Penney Company, Inc.

In connection with Mr. Wafford's resignation, the Company will name Charles Knight as the Company's Interim Chief Financial Officer. Mr. Knight, 54, currently serves as the Company's Senior Vice President – Chief Accounting Officer. Prior to joining the Company, Mr. Knight was employed at Toys "R" Us, Inc. since 1990, and has held positions of increasing responsibility, most recently as Senior Vice President-Corporate Controller (2010-2018). Prior to joining Toys "R" Us, he was a Senior Accountant at Deloitte & Touche LLP from 1986. Mr. Knight received a Bachelor degree in accounting from Fairfield University (Connecticut), and is a Certified Public Accountant.